UK's Breedon falls on lower H1 pretax profit
24/07/2024 10:47
** Shares of Breedon Group BREE.L down 4.9% at 390p
** Construction materials group in Great Britain, Ireland
and the United States posted an 18% fall in pretax profit for H1
** Keeps FY guidance unchanged with underlying operating
profit slightly more weighted towards second half
** Says market conditions in H1 weakened further in Britain
as expected and construction activity was impacted by wet
weather
** BREE rose about 7% YTD
(Reporting by Yamini Kalia in Bengaluru)
((Yamini.Kalia@thomsonreuters.com;))